Arrowstreet Capital Limited Partnership cut its stake in shares of Equity Commonwealth (NYSE:EQC - Free Report) by 22.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 782,400 shares of the real estate investment trust's stock after selling 229,672 shares during the quarter. Arrowstreet Capital Limited Partnership owned 0.73% of Equity Commonwealth worth $1,385,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Alberta Investment Management Corp grew its stake in shares of Equity Commonwealth by 462.3% during the fourth quarter. Alberta Investment Management Corp now owns 8,665,543 shares of the real estate investment trust's stock worth $15,338,000 after buying an additional 7,124,543 shares during the last quarter. Y Intercept Hong Kong Ltd boosted its holdings in shares of Equity Commonwealth by 3,136.8% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 578,552 shares of the real estate investment trust's stock valued at $1,024,000 after acquiring an additional 560,678 shares in the last quarter. Ieq Capital LLC acquired a new stake in shares of Equity Commonwealth during the 4th quarter valued at $616,000. Barclays PLC grew its position in Equity Commonwealth by 250.5% during the 3rd quarter. Barclays PLC now owns 415,187 shares of the real estate investment trust's stock worth $8,263,000 after acquiring an additional 296,742 shares during the last quarter. Finally, Norges Bank acquired a new position in Equity Commonwealth in the 4th quarter worth about $264,000. 96.00% of the stock is currently owned by institutional investors and hedge funds.
Equity Commonwealth Stock Up 0.3 %
Shares of EQC stock traded up $0.01 during mid-day trading on Thursday, reaching $1.60. 518,190 shares of the stock traded hands, compared to its average volume of 1,566,126. The company has a market cap of $171.34 million, a price-to-earnings ratio of 4.09 and a beta of 0.57. The stock's fifty day simple moving average is $1.63 and its two-hundred day simple moving average is $7.98. Equity Commonwealth has a 1-year low of $1.40 and a 1-year high of $21.00.
Equity Commonwealth Profile
(
Free Report)
Equity Commonwealth NYSE: EQC is a Chicago based, internally managed and self-advised real estate investment trust (REIT) with commercial office properties in the United States. EQC's portfolio is comprised of four properties totaling 1.5 million square feet.
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